tomo logo

$2,950,000

Beds
Unknown
sq ft
3,516

3316 E 3rd St, Long Beach, CA 90814

3316 E 3rd St

Long Beach, CA 90814

  • 399 days on market
3316 E 3rd Str. is 7-unit fully-renovated apartment building located in the sought-after Belmont Heights area of Long Beach minutes from the beach. This buildings consists four (4) one-bedroom one-bath units, two (2) studios and one (1) one-bedroom one-bath garage-conversion ADU. In 2023, the building underwent tremendous capital improvements and now features a new roof, new plumbing, new electrical subpanels and 400A main panel, new tankless water heaters, new windows, waterproof vinyl flooring, shaker cabinets with quartz countertops, stainless-steel appliances and in-unit laundry in every unit as well as newly painted interior and exterior. There are also four (4) single-car garages and an additional surface parking space. The building is now separately metered for electrical, gas, and is sub-metered for water and all utilities are tenant's responsibility. This property is minutes from the beach, shops and restaurants located both at the 4th Street Corridor and those located at Belmont Shore's 2nd Street!

Details

Property type

Apartment

Est. home value

$2,008,526

Lot size

4,620 sq ft

Price per sq ft

$840

Year built

1973

Price History

05/23/2024
CRMLS

CRMLS #PW23192968

Price change
$2,950,000
+0.85%
10/17/2023
CRMLS

CRMLS #PW23192968

Listed
$2,925,000

Schools & Community

Neighborhood: 

Bluff Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Schneider Family Trust

Loan start date

January 2024

Original loan amount

$450,000

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Commercial

Seller

Eugene Rogachevsky

Lender

Bronzetree Terraces Llc

Loan start date

January 2024

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Commercial

Seller

Eugene Rogachevsky and Tiana Rogachevsky

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 7:40 AM

Listing updated: 10/14/2024 at 10:55 PM

Listed by: Eugene Rogachevsky, Broadmoor Realty, Inc. Phone #: (562) 596-1000

MLS: CRMLS #PW23192968

CRMLS logo

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